Anthropic (ANTH.PVT) continues its push into the enterprise software market with its new Claude for Small Business offering.
The product, which the company says allows small business owners to add its Claude AI to existing applications including Intuit’s QuickBooks (INTU), DocuSign (DOCU), PayPal (PYPL), Microsoft 365 (MSFT), and Google Workspace (GOOG, GOOGL), is Anthropic’s latest effort to expand its services into common enterprise use cases.
On Tuesday, the company unveiled its enhanced legal software product, and last week the startup unveiled Claude for Financial Services.
According to Anthropic, Claude for Small Business allows users to activate Claude within popular applications, where it can perform payroll tasks, reconcile books, obtain business insights, and spot trends, among other capabilities.
“Small businesses represent nearly half of the American economy, but they have never had the resources of larger companies,” Anthropic President Daniela Amodei said in a statement.
“AI is the first technology that can finally close that gap, so we’re launching Claude for small businesses, along with training and partnerships to ensure AI is available to the entrepreneurs and communities who need it most,” he added.
Anthropic’s services have raised concerns on Wall Street that artificial intelligence companies will supplant existing software providers, sending software stocks tumbling in recent months.
Salesforce (CRM), ServiceNow (NOW), Intuit, DocuSign, and Box (BOX) are among some of the stocks that have declined so far this year and over the past 12 months.
Anthropic is focusing primarily on the enterprise market as it prepares for a possible initial public offering later this year. Its rival OpenAI also plans to go public this year.
According to Anthropic, its revenue rate in 2026 exceeded $30 billion, up from $9 billion last year.
It also doubled the number of companies spending $1 million a year, from 500 to more than 1,000 in two months.
While Anthropic’s latest products are designed to work with existing software products, Dario Amodei warned during the company’s The Briefing: Financial Services event last week that some software-as-a-service (SaaS) companies will go bankrupt if they don’t try to keep up with the industry’s broader shift toward AI.
“I think it’s very possible that individual SaaS companies will lose market value, go out of business completely, go out of business, but it depends on the response,” he said.
Email Daniel Howley at dhowley@yahoofinance.com. Follow him on X in @DanielHowley.
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